Yikes this is scary stuff. I really hope congress takes a very close look at regulating paypal like a bank and giving consumers some rights against them, very soon.
PayPal users better have the ability to opt out of their buying habits being transmitted to unknown 3rd parties.
I think the parent comment is referring to: "PROSPECT SCORE This API enables you to know the purchasing potential of a user visiting your site. Users are classified into Gold, Silver, or Bronze based on their average spending value, frequency, and online transactions. Product details..."
Which, if you had been a Paypal customer prior to this, it might prove difficult to get your spending habits scrubbed if you no longer wanted to be a customer/didn't want your data available in this way.
How is this much different than a credit score? One is estimating your purchasing potential, while the other is estimating your likelihood to pay. Two sides of the same consumer purchasing coin.
In fact, I am surprised I haven't seen the credit reporting companies already pushing this kind of product. Seems like a natural extension.
PayPal users better have the ability to opt out of their buying habits being transmitted to unknown 3rd parties.